RELATING TO THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY.
What changed between versions
Building height limit increased to 400 feet and maximum floor area ratio raised to 10.0 for specific parcels owned by the Office of Hawaiian Affairs.
Limits sales of residential units to prospective owner-occupants only, preventing investment-only purchases.
Requires environmental assessments for noise, odor, aircraft-related nuisances, and sea level rise mitigation for new residential developments.
Requires 51% of residential units to be allocated to households at or below 140% of area median income, with priority given to essential workers within a five-mile radius of Kakaako Makai.
Establishes a Kakaako Makai special account funded by association fees collected from residents, tenants, and lessees to maintain infrastructure and services.
Creates a working group to plan transfer of district management to Honolulu, with a five-year transition period ending July 1, 2030.
Repeals existing Kakaako district statutes and replaces them with new provisions focused on residential development rather than mixed-use industrial/commercial zoning.